By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
MANILA, Philippines – The Bureau of Internal Revenue (BIR) surpassed its collection target anew in May, generating P279.1 billion in gross revenues following the end of the extended annual income tax return filing season.
In a statement on Monday, the BIR said May collections reached P279.135 billion, up 14.15 percent from the P244.5 billion recorded in the same month last year.
READ: BIR collects P422B in April, exceeds target despite AITR deadline extension
This figure also exceeded the agency’s target by P78.22 million
